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    2164 N Mcculloch Blvd N Lake Havasu City, AZ 86403
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    Property profile & analytics

    2164 N Mcculloch Blvd N Lake Havasu City, AZ 86403

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    • Office buildings
    • 4,996 SF
    • 0.31 lot acres
    For Sale
    $1,100,000
    View Listing →
    Lake Havasu City Commercial Building For Sale
    $1,100,000
    4,996 SF

    Lake Havasu City Commercial Building

    Fully leased commercial building on Main Street/McCulloch Blvd. N.

    2164 N Mcculloch Blvd N, Lake Havasu City, AZ 86403
    View Listing
    Property ID
    US07-1142100
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • River City Music / (Bike/Boat/Book/etc) Store
    • Burns & Mc Donnell / Engineer
    • Da-Lu Insurance Havasu Agency / Insurance Agency
    • Lost Woods / Department Store
    • Hava Event Planner & Coordinator / Event Planning / Wedding Service

    Property Details for 2164 N Mcculloch Blvd N

    Year built
    1979
    Construction
    CONCRETE
    Lot size
    0.31 lot acres
    Property size
    4,996 SF
    Property type
    Office buildings
    APN
    108-12-073
    APU
    10812073

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $603,000
      Market price range: $69.7k - $987k
      AI Estimate
      $603,000
      Market price range: $69.7k - $987k

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $665,000
      Current use
      MEDICAL BUILDING
      $715,000
      Change: +7% Conversion: Easy
      COMMERCIAL (GENERAL)
      $580,000
      Change: -13% Conversion: Easy
      RETAIL STORES
      $545,000
      Change: -18% Conversion: Moderate
      NEIGHBORHOOD: SHOPPING CENTER
      $540,000
      Change: -19% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lake Havasu City
    County
    Mohave
    State
    Arizona
    Longitude
    -114.325
    Latitude
    34.4744
    CBSA code
    29420
    CBSA name
    LAKE HAVASU CITY-KINGMAN, AZ MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $5,532
    $0.00
    $0.00
    $112,891
    -
    $196,029
    $431,145
    $627,174

    Comparable in this City

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    • Value Estimation by Request
      480 SF

      751 Lk Havasu N Ave

      OFFICE BUILDING • 480 SF
      751 Lk Havasu N Ave, Lake Havasu City, AZ 86403-2951
      View Details
    • Value Estimation
      $1,895,000
      9,600 SF

      1795 Civic Ctr Blvd

      OFFICE BUILDING • 9,600 SF
      1795 Civic Ctr Blvd, Lake Havasu City, AZ 86403-5673
      View Details
    • Value Estimation
      $580,000
      7,952 SF

      2060 Acoma W Blvd

      OFFICE BUILDING (MULTI-STORY) • 7,952 SF
      2060 Acoma W Blvd, Lake Havasu City, AZ 86403-2974
      View Details
    • Value Estimation
      $840,000
      4,239 SF

      2163 Birch Sq

      OFFICE BUILDING • 4,239 SF
      2163 Birch Sq, Lake Havasu City, AZ 86403-6729
      View Details
    • Value Estimation
      $2,220,000
      31,332 SF

      2021 College Dr

      OFFICE BUILDING • 31,332 SF
      2021 College Dr, Lake Havasu City, AZ 86403-1953
      View Details

    Similar Nearby for Sale

    • $1,100,000
      4,996 SF

      Lake Havasu City Commercial Building

      Fully leased commercial building on Main Street/McCulloch Blvd. N.
      2164 N Mcculloch Blvd N, Lake Havasu City, AZ 86403
      View Details
    • $1,623,000
      6,848 SF

      Lake Havasu City Office Building

      Multi-office space with highway visibility and lake views.
      430 El Camino Way, Lake Havasu City, AZ 86403
      View Details
    • $178,000
      12,136 SF

      Lake Havasu City Office Space

      Office space with views, suitable for medical or professional use.
      1987 Mcculloch Blvd N, Lake Havasu City, AZ 86403
      View Details
    • $3,995,000
      32,262 SF

      Versatile Industrial Facility For Sale

      Light-industrial facility with warehouse and office space in Lake Havasu.
      1790 Industrial Blvd, Lake Havasu City, AZ 86403
      View Details
    • $2,250,000
      Pending

      Renovated Medical Office Building

      Versatile medical office in central Lake Havasu City.
      1944 Mesquite Ave, Lake Havasu City, AZ 86403
      View Details
    • $165,000
      Pending

      Lake Havasu City Flex Space

      Flex space unit with office and garage area for sale.
      911 N Lake Havasu Ave N, Lake Havasu City, AZ 86403
      View Details

    Similar Nearby for Lease

    • $1,000 /Mo
      21,818 SF

      Centrally Located Commercial Space

      Commercial space with lake view and elevator in Lake Havasu.
      1695 Mesquite Ave, Lake Havasu City, AZ 86403
      View Details
    • $1,350 /Mo

      Professional Office Space For Rent

      Centrally located office spaces with great visibility on busy streets.
      375 Lk Havasu Marina Loop, Lake Havasu City, AZ 86403
      View Details
    • $1,000 /Mo
      725 SF

      Downtown Lake Havasu City Unit

      725 sq ft unit in prime downtown location.
      2159 N Mcculloch Blvd N, Lake Havasu City, AZ 86403
      View Details
    • $2,500 /Mo
      14,145 SF

      Times Square Office Space Available

      Prime corner office space in Lake Havasu City.
      1600 Mcculloch Blvd N, Lake Havasu City, AZ 86403
      View Details
    • $2,200 /Mo
      5,119 SF

      Medical Office Space For Rent

      Medical office space in prime location near hospital.
      1945 Mesquite Ave, Lake Havasu City, AZ 86403
      View Details
    • $8,380 /Mo
      4,930 SF

      Downtown Lake Havasu Commercial Space

      4,930 sq ft commercial building in Downtown Lake Havasu.
      2088/2098 Mcculloch Blvd N, Lake Havasu City, AZ 86403
      View Details
    View Listing
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    2164 N Mcculloch Blvd N, Lake Havasu City, AZ, 86403
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